Trinity Capital Analysts Raise Their Forecasts Following Upbeat Q1 Results
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Trinity Capital Inc (TRIN) reported Q1 earnings with an EPS of 53 cents and sales of $90.129 million, surpassing estimates. Following this, analysts adjusted their price targets: Wells Fargo raised its target from $13.5 to $15, maintaining an Underweight rating, while Keefe, Bruyette & Woods increased its target from $15 to $16 with a Market Perform rating. Despite the positive earnings, Trinity Capital shares fell 1.8% to $16.97.
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